ICICI Bank's 'iFinance' Offers Consolidated Account Viewing, Accessible To All, Revolutionizing Financial Management For Users

In a bid to democratize access to digital financial solutions, ICICI Bank has introduced a groundbreaking service named 'iFinance.' This innovation aims to provide millions of retail customers and sole proprietors with a seamless and consolidated view of their savings and current accounts, all conveniently accessible from a single platform. What sets 'iFinance' apart is its unique feature that extends its benefits even to customers holding accounts with other banks.

How 'iFinance' Works

1. Linking and Viewing of All Accounts: One of the core features of 'iFinance' is its ability to securely link savings and current accounts from various banks. Users can now access and monitor their account balances from these different banks in one consolidated location, simplifying financial management.

2. Summary of Income and Expenditure: 'iFinance' offers invaluable insights into users' income and expenses. It provides comprehensive summaries, allowing individuals to gain a clear understanding of their financial health and to better track their money flows.

3. Tracking Spending and Payments: With this service, users can actively monitor their expenditures, even receiving category-wise breakdowns of their expenses. This enhanced visibility contributes to improved expense management, fostering overall financial well-being.

4. Complete User Control: Flexibility and convenience are paramount, and 'iFinance' delivers. Users can link or de-link accounts in real time, granting them full control over their digital financial ecosystem. This feature ensures a tailored and personalized experience.

5. Detailed Statements: To facilitate record-keeping and reporting, 'iFinance' allows users to download consolidated account statements encompassing all linked bank accounts. This feature simplifies the task of gathering financial information for various purposes, from taxes to budget planning.

How to Use 'iFinance'

For ICICI Bank Customers, access to 'iFinance' is conveniently available through a range of digital platforms, including iMobile Pay, Retail Internet Banking, Corporate Internet Banking, and InstaBIZ. Here's a simplified guide on how to utilize this service:

• Log in through your preferred ICICI Bank digital platform.
• Locate and select the 'iFinance' option.
• Verify your credentials and explore the multifaceted features this tool offers.

ICICI Bank's 'iFinance' represents a significant step towards enhancing financial inclusivity, streamlining banking processes, and empowering individuals to take control of their financial futures. With its ability to cater to customers across various banks, this service is poised to revolutionize the way people manage their finances, providing a one-stop solution for holistic financial well-being.